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Sunbit raises $130M, doubles down on BNPL for auto-repairs, elective healthcare

The Los Angeles-based company provides BNPL payment options in stores and through online channels for auto-repairs and elective health services. The company aims to disrupt the $216 billion auto-repairs market and $330 billion dental, eyewear, and elective healthcare industries that are still using older financing and bill payment models, Levertov said.

The recently raised capital will help Sunbit to double down on its operations in auto-repairs and elective healthcare.

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